Springfield Terrace, Cambridge, CB4

Street Guide For Springfield Terrace, Cambridge, CB4

 

Springfield Terrace, Cambridge, CB4 Map

Estimated Price: £354,734
Average Asking Price: £566,551
Price change in last one year: £24,641
Average Price Paid: £325,000
Average Rent Rates: £1,087

 

Property Prices Breakdown in Springfield Terrace, Cambridge, CB4

Average Price for property in Springfield Terrace, Cambridge, CB4 is around £354,734 e.g. average price for terraced house is around 354,734. Values have been changing and have risen £1,164 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,764 in last 6 months, £24,641 in last 1 year, £43,801 in last 2 years, £54,790 in last 3 years, £60,636 in last 4 years and £62,181 in last 5 years.

Currently average asking price of a property in Springfield Terrace, Cambridge, CB4 is around £566,551 based on approximately 0 properties for sale. Same is the case with rental options based on 101 properties up for rent, average asking rent is around £1,087 per month.

Estimated property value in Springfield Terrace, Cambridge, CB4 is £354,734. Average asking price is £566,551 while average price paid is £325,000 which is up by £54,790 and Avg. asking rent £1,087.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Springfield Terrace, Cambridge, CB4 area. In last 3 years alone average price buyer paid is around £325,000 based on approximately 1 sales in Springfield Terrace, Cambridge, CB4 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £325,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £267,500 for 2 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £317,857, £409,167 for a 3 bedroom house, £612,857 for a 4 bedroom house and £579,990 for a 5 bedroom house. For a flat the prices of single bedroom is £185,000. To sum up the asking prices for properties in Springfield Terrace, Cambridge, CB4 it comes to around average £185,000 for 1 bedroom property, £317,857 for 2 bedroom, £409,167 for 3 bedroom, £612,857 for 4 bedroom and £579,990 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £521 for 1 bedroom to £973 for 2 bedrooms, £1,324 for 3 bedrooms, £1,643 for 4 bedrooms and £2,425 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £835. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,049 and £1,976 for 3 bedroom. You should be generally be expecting around average £678 rent per month for single bedroom property, £1,029 for 2 bedroom, £1,374 for 3 bedroom, £1,643 for 4 bedroom and approximately £2,424 for a 5 bedroom property in Springfield Terrace, Cambridge, CB4 area.

Popular Houses in Springfield Terrace, Cambridge, CB4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Springfield Terrace, Cambridge, CB4